Gifts of Grain

The Rush County Community Foundation provides a number of opportunities for you to make a difference in our community, including the opportunity for you to contribute grain.

Gifts of grain support the Rush County Ag Fund, a field of interest fund that provides grants to support nonprofit agricultural programming for educational training, youth farm programs and preserving the history of agriculture in Rush County.

Gifting grain provides tax benefits – and it’s easy! If you are interested in giving grain, the Foundation has an account established at all local elevators. When you deliver the grain, you simply determine how many bushels or a dollar amount you’d like to give, and fill out an elevator donation form that transfers the sale of the crop to the Foundation.

Donors often give because of the tax benefits. A cash-basis farmer that contributes grain to the Foundation does not include the sale of the crop in income, which results in saving self-employment tax, federal income tax, and state income tax.*

For more information on gifting grain, visit your local elevator or our office.

*We encourage you to talk with your tax professional to determine the best option for your financial goals.

The Youth in Philanthropy fund, also known as YIP, was founded in 2005 by Betsy and Rick Williams. Betsy had recently become the executor of an estate that had funds remaining and wanted to put the money to good use for the Rush County community. The Williams each grew up in philanthropic families and had … Read more